BMO Capital Sees Impressive Guidance and Construction Cloud Momentum at Autodesk (ADSK)

Autodesk Inc. (NASDAQ:ADSK) is one of the best growth stocks to buy in 2026. On November 26, BMO Capital raised the firm’s price target on Autodesk to $343 from $333 and kept a Market Perform rating on the shares. Despite a difficult sales environment, Autodesk delivered strong Q3 2025 results marked by improving growth and impressive Q4 guidance. BMO Capital remains optimistic due to the continued success of Construction Cloud and the company’s ongoing efforts to unify siloed workflows for its industrial and construction clients.

A day before this rating, the company announced its Q3 2025 earnings results. Autodesk reported non-GAAP EPS of $2.67, which exceeded analyst expectations of $2.50. Total revenue grew 18% year-over-year to $1.85 billion. This performance was supported by a $124 million contribution from the company’s new transaction model; excluding this impact and currency fluctuations, underlying revenue growth remained a healthy 12%.

Strategic momentum at Autodesk was driven by the convergence of design and make workflows within the Autodesk Construction Cloud/ACC and the integration of AI-powered automations. In the Architecture, Engineering, Construction, and Operations/AECO segment, revenue remained strong as investments in data centers and infrastructure offset softness in commercial sectors. Management highlighted that AI adoption is yielding tangible productivity gains, noting that the acceptance rate for AI-powered auto-constraints in Fusion has surpassed 60%, with 90% of those sketches becoming fully constrained.

Autodesk Inc. (NASDAQ:ADSK) provides 3D design, engineering, and entertainment technology solutions worldwide.

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Disclosure: None. This article is originally published at Insider Monkey.